Global Demand Destruction: Subsidies, Empty Gas Stations, Rationing, Flight Cancelations, Export Limits, Price Controls

Luxury Condos Seized In Singapore’s Massive Money-Laundering Case Go Unsold Singapore has no shortage of people curious about the spoils from its massive money-laundering crackdown. Getting them to actually buy the confiscated real estate has been another matter. The government is gradually disposing of assets tied to the S$3 billion laundering scandal that erupted in 2023, according to Bloomberg. More than 80 homes are being sold alongside watches, jewelry, handbags and other expensive possessions seized from the operation. The luxury goods have been hot. The luxury real estate decidedly has not. Of more...

Gun Safety: Violent Crime Drops As More Americans Pack Heat Authored by John R. Lott jr via RealClearInvestigations, Alessandra Coote was walking on a trail with her 2-year-old daughter and dog two-and-a-half years ago when a man began yelling at her and threatened to kill her dog. When the petite single mom made it back to her Utah home, she decided she needed a firearm for protection. A few months later, while living in what she described as a “shady part of town,” a homeless man threatened her. After that encounter, she began...

Amazon In Talks To Sell Its Trainium AI Chips To Other Firms, In Challenge To Nvidia Dominance Amazon is in talks to sell its custom-made Trainium AI chips for use in other companies’ data centers, Bloomberg reports, noting this "represents a key expansion of its efforts to cut into Nvidia's dominance", although a less optimistic read is that the company does not have enough demand or capacity to use the chips for its own uses. Peter DeSantis, Amazon’s AI chief, said the world’s largest cloud computing company has begun discussions but...